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Nigeria’s Economy to bounce back soon – CBN

The Central Bank of Nigeria (CBN) has given fresh hope to Nigerians, reassuring them that the economy will emerge strong from the current economic challenges.

CBN Governor Olayemi Cardoso, through his Deputy on Economic Policy, Muhammad Abdullahi, at an emergency session of a National Assembly Joint Committee on Finance, said that in spite of the ailing economy, the tough decisions taken over the last 12 months have started addressing the decades-long issues.

Meanwhile, the Minister of Budget and National Planning, Atiku Bagudu, asserted that the 2024 Budget is already being implemented and that there is ongoing negotiation with Labour leaders on minimum wage to ensure that there is no further disruptions to the economy.

 

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